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The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

MFIs raise Rs 14,000 crore via securitisation in H1

The rise in securitisation is being driven by the inadequate funding available to NBFC-MFIs from conventional sources,...

12 Dec 2019 1:20 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI sets NBFC-MFIs' average base rate at 9.21 pc for April-June

The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.

30 March 2019 10:15 AM IST

On the ARC (asset reconstruction company) business plan, Centrum Indias Jaspal Bindra says it can wait. (Photo: Facebook | Centrum India)

Centrum to launch Rs 500-cr structured credit fund

Centrum Group's credit business, which was launched towards the middle of last fiscal, already has a loan book of Rs...

17 March 2019 6:08 PM IST

L&T Finance NCD public issue size is Rs 1000 crore, with a base issue size of Rs 500 crore and an option to retain over subscription of up to Rs 500 crore.

NBFC-MFIs raise Rs 26,000 cr through securitisation in FY19

The securitisation route to raise funds increased to meet their growth targets in FY19, according to a report by rating...

15 April 2019 5:56 PM IST

A view of a damaged house after cyclone Gaja hit Pudukkottai district of Tamil Nadu on Friday. (Photo: File/PTI)

Odisha may see short-term spike in MFI delinquencies

Odisha had witnessed a sharp rise in Gross Loan Portfolio in the past two years.

9 May 2019 2:34 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July...

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.

28 Jun 2019 3:20 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Small finance banks lose market share in micro lending

Share of SFBs in the total micro finance market has dropped to 20 per cent in Q1FY19 against 27 per cent in Q1FY18.

27 Sept 2018 8:39 AM IST